Raffles Medical - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
06/05/24	DMG & Partners	Raffles Medical	1.02	1.06	Neutral	Sum of parts
07/01/24	DMG & Partners	Raffles Medical	0.995	1.06	Neutral	Sum of parts
07/29/24	DBS Vickers	Raffles Medical	1.02	1	Hold
07/29/24	Lim & Tan	Raffles Medical	1.02	1.14	Hold
07/30/24	DBS Vickers	Raffles Medical	1	0.97	Hold	Sum of parts
07/30/24	CIMB	Raffles Medical	1	1.15	Add	EV/Ebitda
07/30/24	DMG & Partners	Raffles Medical	1	1	Neutral	Sum of parts
07/30/24	Kim Eng	Raffles Medical	1	1.1	Hold
08/01/24	phillip	Raffles Medical	0.94	0.96	Neutral	DCF
08/19/24	DBS Vickers	Raffles Medical	0.905	0.97	Hold
11/12/24	DBS Vickers	Raffles Medical	0.87	0.97	Hold
12/05/24	DMG & Partners	Raffles Medical	0.885	0.9	Neutral	Sum of parts
01/17/25	UOB Kay Hian	Raffles Medical	0.84	1.01	Hold	PER28x FY25
01/20/25	Kim Eng	Raffles Medical	0.84	1	Hold
02/25/25	UOB Kay Hian	Raffles Medical	0.88	1.06	Buy	PER28x FY25
02/25/25	phillip	Raffles Medical	0.88	1.02	Accumulate	DCF
02/25/25	DBS Vickers	Raffles Medical	0.88	1.12	Buy	Sum of parts, PER25x
02/25/25	DMG & Partners	Raffles Medical	0.88	0.95	Neutral	Sum of parts
02/25/25	Kim Eng	Raffles Medical	0.88	1.03	Buy
04/08/25	UOB Kay Hian	Raffles Medical	0.92	1.06	Buy	PER28x FY25
04/08/25	DMG & Partners	Raffles Medical	0.92	1.08	Buy	Sum of parts
04/24/25	Kim Eng	Raffles Medical	1.01	1.13	Buy	DCF
06/11/25	Lim & Tan	Raffles Medical	0.975	1.11	Accumulate on weakness
06/23/25	DMG & Partners	Raffles Medical	0.955	1.08	Buy	Sum of parts
06/30/25	UOB Kay Hian	Raffles Medical	0.965	1.06	Buy	PER28x FY25
07/08/25	UOB Kay Hian	Raffles Medical	1	1.18	Buy	PER31x FY25
07/28/25	DBS Vickers	Raffles Medical	1.05	1.12	Buy	Sum of parts, PER25x
07/28/25	Lim & Tan	Raffles Medical	1.05	1.13	Hold
07/29/25	UOB Kay Hian	Raffles Medical	1.07	1.25	Buy	PER31x FY25
07/29/25	DBS Vickers	Raffles Medical	1.07	1.32	Buy	PER30x FY26
07/31/25	phillip	Raffles Medical	1.02	1.02	Neutral	DCF
08/06/25	DMG & Partners	Raffles Medical	1.01	1.1	Neutral	Sum of parts